Who Owns Red Mountain Resort?

By Anna Duncan

Red Mountain Resort is a world-renowned ski and snowboarding destination located in Rossland, British Columbia. The resort has been around since the early 1900s and has undergone several changes in ownership over the years. Let’s take a closer look at who currently owns Red Mountain Resort.

The Early Years

Red Mountain Resort was first established in 1896 by Scandinavian miners who were drawn to the area because of its rich ore deposits. The miners would often ski down the mountain after a long day of work, and eventually, they started building trails and jumps for fun.

In 1947, the first chairlift was installed at Red Mountain Resort, making it one of the earliest ski resorts in North America to have such an amenity. The resort continued to grow throughout the years, but ownership changed hands several times.

The Current Owners

Today, Red Mountain Resort is owned by Howard Katkov, a real estate developer from California. Katkov purchased the resort in 2004 from Don Simpson, a Hollywood producer known for his work on movies like “Top Gun” and “The Rock.”

Katkov has been instrumental in expanding Red Mountain Resort’s offerings and making it a year-round destination. In addition to skiing and snowboarding, visitors can now enjoy hiking, biking, and other outdoor activities during the summer months.

The Future of Red Mountain

Under Katkov’s leadership, Red Mountain Resort has seen significant growth over the past decade. However, there are still plans to expand even further in the coming years.

One major project on the horizon is the creation of a new village at the base of Red Mountain that will include hotels, restaurants, shops, and other amenities. This development will make Red Mountain Resort an even more attractive destination for tourists from around the world.

Conclusion

Red Mountain Resort has come a long way since its early days as a mining town ski hill. With the guidance of Howard Katkov, the resort has become a premier destination for outdoor enthusiasts, and there are exciting plans in store for its future. Whether you’re a skier, snowboarder, hiker, or biker, Red Mountain Resort is definitely worth a visit.